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Equities market

Equities market gains 0.67% in one week

The equities segment of the Nigerian Stock Exchange (NSE) appreciated by 0.67 per cent  to close the week at 25,182.67 and N13.137 trillion respectively. The All-Share Index, Market Capitalization and other indices finished higher with the exception of NSE MERI Growth, NSE Consumer Goods and NSE Oil/Gas Indices which depreciated by 0.07 per cent, 0.20 […]

Equities market sheds N62bn over profit-taking in BUA Cement, others

The equities market of the Nigeria Stock Exchange (NSE) closed lower on Wednesday’s session, as investors took profit in market heavyweight stocks amid renewed profit taking activity. The All-Share Index (ASI) decreased by 120.11 basis points, representing a dip of 0.47 per cent to close at 25,215.04 basis points. Accordingly, the Month-to-Date return turned negative […]

Equities market sustains gain on 13 firms’ share price increase

The equities market of the Nigerian Stock Exchange (NSE) on Tuesday sustained prior day gain by 0.34 per cent, following buying interest in BUA Cement, Dangote Sugar Refinery and 11 other stocks. Specifically, the All-Share Index (ASI) increased by 85.19 absolute points, representing a gain of 0.34 per cent to close at 25,335.15 points. Similarly, […]

Profit-taking in MTN Nigeria, others down equities market by N50bn

Nigerian stock market

Investors’ profit-taking in highly capitalized shares on the Nigerian Stock Exchange (NSE) down the equities market by N50billion on Thursday. The Nigerian Stock Exchange (NSE) market capitalisation which opened at N13.254 trillion shed N50 billion to close at N13.204 trillion. Consequently, the NSE All-Share Index dipped 95.91 basis points, representing a dip of 0.38 per […]

Equities market gains N48bn over surge interest in Dangote Cement, 19 other shares

The equities market of the Nigerian Stock Exchange (NSE) gained N48billion on Tuesday with the market capitalization gaining N48 billion over investors surge interest in Dangote Cement and 19 other shares. The market capitalisation which opened on Tuesday at N13.193 trillion increased by N48 billion or 0.36 per cent to close at N13.241 trillion. The […]

Equities market gains N25bn to begin June on positive note

Investors at the equities market of the Nigerian Stock Exchange gained N25billion in first trading day of June over share price appreciation in blue-chip companies on bourse. The market capitalisation which opened the month at N13.168 trillion inched higher by N25 billion or 0.19 per cent to close at N13.193 trillion. Also, the NSE All-Share […]

Equities market sheds 0.22% amid cut in interest rate

banking

The Nigerian Stock Exchange (NSE) equities market segment on Thursday halted the long run of successive gains as the All-Share Index (ASI) fell by 0.22 per cent due to profit-taking in high capitalised stocks. The ASI decreased by 55.22 basis points, representing a dip of 0.22 per cent to close at 25,166.01 basis points. Similarly, […]

ASUU, FG and the IPPIS storm

Today makes it 78 days that the Academic Staff Union of Universities (ASUU) has been locked in a protracted dispute with the Federal Government over the insistence by the latter to use the Integrated Personnel and Payroll Information System (IPPIS) for the former and the non-implementation of the February 2019 FGN/ASUU Memorandum of Action (MoA). […]

Equities market halt previous growth with 1.27% decline

The Nigerian Stock Exchange (NSE) on Friday recorded first week loss with the market indicators dropping 1.27 per cent due to profit taking. Specifically, the market capitalisation of listed equities dipped N161 billion or 1.27 per cent to N12.531 trillion compared with N12.692 trillion achieved on Thursday. Also, the All-Share Index dropped by 308.85 points […]

Equities market ends April trading on a bullish trend, gains N80bn

The equities market of the Nigerian Stock Exchange (NSE) on the last trading day for April ended on a bullish trend, as the market capitalisation on Thursday closed with N80 billion gain, following sustained demand for blue chips. The market capitalisation, which opened at N11.917 trillion, inched higher by N80 billion or 0.67 per cent to […]

Equities market rebounds as indices gain 0.07%

The equities market of the Nigerian Stocks Exchange (NSE) gains slightly by 0.07 per cent at the close of first trading activities for the week, due to mild increases in MTN Nigeria and some Tier one banks. Specifically, the All-Share Index increased by 16.90 points or 0.07 per cent to 22,616.28 compared with 22,599.38 recorded […]

Investors lose N1bn as equities market opens week negative

Activities on the Nigerian Stock Exchange (NSE) opened for the week with investors losing N1billion of their investment over profit-taking in mid-small capitalized companies. The market capitalization dropped by N1billion or 0.01 per cent to close at N11.945 trillion against N11.946 trillion posted on Friday. The NSE All-Share Index depreciated by 1.18 basis points or […]

Equities market ends weekly trading by 7.19% gain

The Nigerian Stock Exchange (NSE) All-Share Index and Market Capitalization both appreciated by 7.19 per cent to close the week at 22,921.59 basis points from 21,384.03 basis points reported in the prior week. The market capitalization improved to N11.946 trillion from N11.144 trillion reported in prior week’s market transaction. Also, other indices finished higher with […]

Equities market ends on bullish trend with N191bn gain

Equities market of the Nigerian Stock Exchange (NSE) continued its bullish trend, as some companies, including Nestle on the last trading day of the week posted price appreciation pushing crucial market indicators to gain N191 billion. Specifically, the market capitalisation which opened at N11.754 trillion rose by N191 billion to close at N11.945 trillion. Also, […]

Easter Holiday: Equities market ends weekly trading with 1.47% growth

The equities market of the Nigerian Stock Exchange (NSE) on Thursday extended a positive stance, closing for the Easter Holiday with a growth of 1.47 per cent. The Nigerian stock market will reopen on April 14 as the Federal Government has declared April 10 and 13 as public holidays to mark Easter celebrations. Looking at […]

COVID-19: Equities market sheds N399bn in one week

NSE

…Investors FX weekly turnover declines to $233.6m …As external reserves dip by $3.02bn in Q1 As investors continued to take profit over Coronavirus pandemic that has significantly affected the global economy, the equities market of the Nigerian Stock Exchange (NSE) last week dropped by N399 billion to close at N10.994 trillion from N11.393 trillion it […]

Equities market begins trading low, sheds N277bn in one day

Due to the weak sentiments in the wake sharp drop in the oil prices and the Covid-19 pandemic, the equities market of the Nigerian Stock Exchange (NSE) on Monday opened trading for the week with a loss of N277 billion. For instance, the All-Share Index (ASI) declined by 530.99 points or 2.43 per cent to […]

Equities market gains 0.19% amid MPC retention of economic rates

NSE

After the closure of trading activities of the equities market on Tuesday, indices of the Nigeria Stocks Exchange (NSE) recorded a growth of 0.19 per cent just as the Monetary Policy Committee (MPC) retained key economic rates. The All Share Index (ASI) increased by 40.18 points or 0.19 per cent to close at 21,741.16. Also, […]

Equities market sustain rebound as ASI gains 0.6%

The Nigerian Stock Exchange (NSE) equities market segment sustained upward trend on Wednesday with a growth of 0.61 per cent, as investors continued to position in high capitalised stocks. The  NSE All-Share Index (ASI) increased by 160.43 points or 0.61 per cent to close at 26,415.54 basis points against 26,255.11 basis points on Tuesday. Consequently, […]

Equities market extends losing streak by 0.03% over profit-taking

Following sustained profit-taking in blue chips, the Nigerian equities market of the Nigeria Stocks Exchange (NSE) on Tuesday extended its losing streak by a marginal drop of 0.03 per cent. Specifically, the NSE All-Share Index (ASI) declined by 7.93 points or 0.03 per cent to close at 27,033.10 against 27,041.03 on Monday. Also, the market […]